Technology Minneapolis, MN Pop. 429,954

Product Manager Salary in Minneapolis, Minnesota

The median product manager salary in Minneapolis, MN is $130,680 per year, which is 8.0% above the national median and 8.0% above the Minnesota state average.

City Median
$130,680
vs State Avg
+$9,680
vs National
+$9,680
Cost of Living
105%

Product Manager Salary in Minneapolis by Experience

In Minneapolis, an entry-level product manager earns around $81,000, while experienced professionals earn up to $189,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$81,000
+$6,000 vs national
Mid Level (3-7 yrs)
$131,760
+$9,760 vs national
Senior Level (8+ yrs)
$189,000
+$14,000 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $77,760
25th Percentile $102,600
Median (50th) $130,680
75th Percentile $167,400
90th Percentile $207,360

Product Manager Salary in Other Minnesota Cities

Bloomington, MN
$127,050
Pop. 89,987
Saint Paul, MN
$124,630
Pop. 311,527
Rochester, MN
$122,210
Pop. 121,395
Duluth, MN
$112,530
Pop. 90,884

How to Become a Product Manager in Minneapolis

Education

Most product manager positions require a bachelor's degree. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.

Key Skills

Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research

Job Outlook

Nationally, product manager employment is projected to grow 10% over the next decade (faster than average). Demand in Minneapolis may vary based on local industry and population growth.

Find Product Manager Jobs in Minneapolis

Browse open product manager positions in Minneapolis, MN:

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Frequently Asked Questions: Product Manager Salary in Minneapolis

How much does a Product Manager make in Minneapolis, MN? ▼
The median product manager salary in Minneapolis, Minnesota is $130,680 per year, which is 8.0% above the national median of $121,000. Salaries range from $77,760 (10th percentile) to $207,360 (90th percentile).
How much does a Product Manager make per hour in Minneapolis? ▼
Based on the median annual salary of $130,680, a product manager in Minneapolis earns approximately $63 per hour assuming a standard 2,080-hour work year.
How does Minneapolis compare to the Minnesota state average for product manager pay? ▼
Minneapolis's median product manager salary of $130,680 is 8.0% above the Minnesota state average of $121,000. The local cost of living index is 105% of the national average.
What is the cost of living in Minneapolis, MN? ▼
Minneapolis has a cost of living index of 105% compared to the national average. This means a product manager salary of $130,680 in Minneapolis has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a product manager in Minneapolis? ▼
Most product manager positions in Minneapolis require a bachelor's degree. Key skills include Product Strategy, Agile/Scrum, Data Analysis, Stakeholder Management. The job market is projected to grow 10% nationally over the next decade.